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Rich Asplund

Coffee Prices Post Record Highs as Global Supplies Tighten

Ice Brazil Conab USDA Vietnam Volcafe

March arabica coffee (KCH25) Friday closed up +4.45 (+1.19%), and March ICE robusta coffee (RMH25) closed down -16 (-0.28%).

Coffee prices on Friday settled mixed, with arabica climbing to a new all-time nearest-futures high.  Global coffee supply fears underpin prices after Conab, Brazil's government crop forecasting agency, forecasted Tuesday that Brazil's 2025/26 coffee crop would fall -4.4% y/y to a 3-year low of 51.81 million bags.  Also, Conab last Tuesday cut its 2024 Brazil coffee crop estimate by -1.1% to 54.2 million bags from a September estimate of 54.8 million bags.

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